Bolivian President-elect Rodrigo Paz plans to tackle corruption in his country’s government using blockchain technology. The Associated Press reported Monday that Paz defeated rival Jorge Quiroga 54.5% to 45.5% and is set to take office on Nov. 8. Paz won Sunday’s runoff on a centrist, pro-market message and inherits an economy strained by fuel shortages
After shaking up the markets with new trade measures against China, which will take effect on November 1, US President Donald Trump made new statements today that will reduce tensions. Trump said, “I think we will make a strong trade agreement with China,” adding, “We will have a meeting with Xi in South Korea, and
Reddit (NYSE: RDDT) is surging higher, climbing 6% to $206 as of early trading on October 20. Indeed, this surge comes at a time when RDDT stock has faced volatility, dropping 20% over the past month. Year-to-date, however, the social media giant remains up 24%. The rally comes after investment firm Raymond James raised its
Story Highlights XRP Ledger continued closing blocks normally during the AWS outage, highlighting its resilience. The outage exposed the fragility of centralized cloud infrastructure, affecting platforms like Coinbase. XRPL’s decentralized validator network and initiatives like XLS 50 ensure operational continuity when clouds fail. Early Monday, a major AWS outage in the US-EAST-1 region caused service
Jasmy Lab Co., Ltd. has introduced JANCTION LINK, a service that aggregates links from multiple social media platforms and websites into a single URL while assigning points based on video viewing durations. This new product addresses the fragmentation of online content by enabling users to create consolidated profiles or landing pages directly from a smartphone
Bitcoin BTC$110,850.81 bottomed out at around $103,500 on Friday, marking an 18% correction from its all-time high of $126,200 reached on Oct. 6. This aligns with a standard bull market correction, where bitcoin typically retraces around 20% a pattern that has defined the current cycle since it began in 2023. Price Drawdown from ATH (Glassnode)
A recent hackathon by Coinbase’s base network is under fire. Investigation by community members revealed that winning projects were potentially linked to Coinbase’s own employees. Developers have long questioned whether coding competitions and hackathons actually help the participants. Programmers often share their frustrations online about events that are designed for publicity under the guise of
The recent strategic choice of ripple to custody and stablecoins is an indication that the company is not speculating anymore, but now is adopting it on an infrastructure level. The latest article by @Xfinancebull highlighted that the moment Ripple refines custody and stablecoin integration, $XRP will cease to be a choice but an option. This
AI and blockchain will spark the “next revolution in business,” according to multimillionaire Kevin O’Leary, with AI being able to autonomously make retail purchases and using blockchain to take care of payments. In a three-minute video posted to X Saturday, the Shark Tank co-host and venture capitalist said blockchain will support an incoming wave of
Backpack Wallet, a self-custodial crypto wallet that allows users to trade, manage tokens, and access DeFi, announced its support for the BNB Chain. According to the information shared today, the integration showcases Backpack’s continued dedication to offering cutting-edge mobile experiences and enables users to access greater decentralized finance services. As Backpack continues to broaden the